J P Morgan has projected a US recession by the end of 2025, citing President Trump’s new reciprocal tariffs as the main reason. The forecast warns of a potential decline in GDP and an increase in unemployment rates. Federal Reserve Chair Jerome Powell has also expressed similar concerns, emphasizing that the tariffs could lead to higher inflation and slower economic growth. These predictions have raised alarm bells among economists and policymakers, who are closely monitoring the situation for any signs of a looming economic downturn. The impact of these tariffs on global trade and financial markets is yet to be fully understood, but the potential consequences for the US economy are significant. As the situation continues to evolve, stakeholders are advised to stay informed and prepared for any potential economic challenges that may arise in the coming years.